Kevin Warsh's Fed Leadership Faces Pushback from Economists
In his first meeting as chairman of the Federal Reserve, Kevin Warsh announced no changes to interest rates and outlined plans for new task forces focused on monetary policy. He also signaled a shift in communication strategy by withholding rate projections, which has drawn attention from economists who believe other Fed committees may act as a check against potential 'regime change' under his leadership.
Topics: communication strategy dot plot Federal Reserve interest rates Kevin Warsh